GIRLS' STATE TRACK AND FIELD UPDATES

Beer companies, Department of Justice in resolution talks for $20.1B deal


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Posted Online: Feb. 20, 2013, 4:57 pm
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The U.S. Department of Justice is talking with beer makers Anheuser-Busch InBev and Grupo Modelo about potentially resolving a legal challenge to their $20.1 billion deal.

The beer companies and the government are asking the court for a stay of all litigation proceedings until March 19. There is no guarantee a resolution will be found.

The Justice Department in January sued to block the combination, saying having one company controlling nearly half of all U.S. beer sales would stifle competition. The beer makers recently revised the terms of the acquisition, which would give more control of Modelo's U.S. beer brands to a wine company, Constellation Brands Inc., in a side deal.

The government is weighing whether the revised terms of the deal resolve its concerns about market competition.
















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  Today is Sunday, May 19, the 139th day of 2013. There are 226 days left in the year.
1863 -- 150 years ago: The Rt. Rev. Harry I. Witherspoon, D.D. Bishop of Illinois, willpreach in Trinity (Episcopal) Church, in this city this evening.
1888 -- 125 years ago: At 1 o'clock yesterday afternoon the Mississippi River flooded itsbanks at Rock Island, destroying the warehouse of the Rock Island Lumber companyand damaging the Lumber Company and arsenal power plant. Total loss isestimated at $100.000.
1913 -- 100 years ago: Residents of South Rock Island township are circulating a petitionfavoring the annexation of that area to the city of Rock Island.
1938 -- 75 years ago: Mrs. Thomas Ackles, of Rock Island, has been elected president ofthe Playcrafters for the next season. She succeeds Warren Leonard.
1963 -- 50 years ago: Some 8,000 people filed through the gates of Rock Island Arsenal on Saturday to view a display of a part of the nation's armed strength. The occasion was theannual observance of Armed Forces Day.
1988 -- 25 years ago: Willis Kuschmann, of Moline, who already has won his laurels as oneof the most artistic men in the Quad-Cities area, has a new hobby. He is deeply involvedin miniature railroading. At the age of 88, when many other seniors are dozing in theirchairs or sitting before the television, Mr. Kuschmann is planning and working on hiscollection.




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